Voorbeeld: Document

the forecast North America (United States and Canada) Bombardier Business Aircraft | Market Forecast 2011-2030 26 The U.S. economy has been on a recovery path since mid-2009. Although there is still plenty of slack in the American economy, growth is expected to unfold evenly through- out 2011. Many key areas are now displaying visible growth: employment, consumer spending, and exports, with the latter being fuelled by rapid growth in emerging markets. Last, but not least, corporate profits grew 8.5% between Q1-2010 and Q1-2011. On the other hand, inflation has become more of a concern, with higher gasoline and food prices. It is expected to grow to 3.0% this year, up from 1.6% last year. In the short term, the higher U.S. dollar is representing a slight drag on real GDP. The Canadian economy accelerated at a good rate in 2010. The consumer, government, investment and trade sectors all performed well. As with the U.S., Canada’s economy is expected to be stronger moving into 2011. According to IHS Global Insight, real GDP growth for North America should improve this year over last year, with a forecast 3.2% growth in 2011, up from 2.8% in 2010. Economic growth should remain steady for the region over the 2011-2030 period, with a yearly average of 2.7%. As the most prevalent economic region around the world, North America should continue creating wealth and sustaining the development of its business aircraft industry. Business Jet Penetration Forecast - North America Fleet per capita vs. GDP per capita, 1960-2030 Sources: Ascend, IMF, IHS Global Insight, UN Population Project, Bombardier forecast. Includes very light jets. 1 10 100 1,000 10,000 1,000 10,000 100,000 GDP per Capita (USD, Log Scale) Fleet per 100 Million Population (Log Scale) 1960 2010 Actual Forecast 2030